Gst on travel
Swati Phenany (Audit Manager) (1 Points)
22 May 2019
How gst is calculated on travel agency business particuarly on air fare
Swati Phenany (Audit Manager) (1 Points)
22 May 2019
Nurture Labz
(2 Points)
Replied 22 May 2019
As per rule 32(3) of CGST Rules, GST is calculated for services which is related to booking of tickets for air travel provided by an air travel agent as mentioned in below rate,
5%of the basic fare in the case of domestic bookings,
10%of the basic fare in the case of international bookings
Looking for GST registration in Bangalore? Contact Nurturelabz. GST registration will be done within 3-6 working days.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
